Price Reduced Listing
$525,000
 $2,739 est/mo Sourced by Back At You

1040 Drummond Avenue,Charlotte, NC 28205

Charlotte, NC 28205

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Description

Prime Location, Endless Potential Sold AS IS! Here's your chance to get into one of Charlotte's hottest neighborhoods at an incredible value! Located just minutes from Uptown, NoDa, and North Campus, this property needs some TLC but offers huge upside for the right buyer. Perfect for a first-time buyer ready to build sweat equity, or an investor looking for a high-return project this home is zoned for a duplex, triplex, or quadplex, opening the door to redevelopment, rental income, or a full renovation. Nearby homes in this sought-after pocket of Charlotte are selling for over $1 million, making this a rare opportunity to buy in below market value with serious room to grow. You're steps from eclectic dining, breweries, arts venues, and the Light Rail walkability and lifestyle appeal that keeps this area in high demand. Strong rental comps, booming growth, and a prime location make this a smart buy whether you're planning to renovate, rebuild, or hold long-term. Homes like this don't last bring your vision and make it yours! Serious inquiries only.

Details

MLS #4363982
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1948
Days On Site145
Listing Provided ByERA Live Moore | Jennifer Bellinger

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,181
Story(s)1
ZoningN2-B
Acreage0.26

Interior

CoolingCentral Air
HeatingNatural Gas
AppliancesOther

Exterior

Construction MaterialsAluminum, Vinyl
Foundation DetailsCrawl Space
Lot FeaturesCleared, Level

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Other

List AorCharlotte Region Commercial Board of Realtors

Taxes

Property453900

Area Information

StateNC
CountyMecklenburg
CityCharlotte
Zip Code28205
AreaMecklenburg
Community NamePlaza Hills
School DistrictUnspecified
Elementary SchoolVilla Heights
High SchoolUnspecified
Listing VS Median (in Plaza Hills)
Price:
$525,000
low | high
Med:
$525,000
50% of Average
sqft:
1,181
low | high
Med:
1,181
50% of Average
$ / sqft:
$445
low | high
Med:
$445
50% of Average
On site:
145
low | high
Med:
145
100% of Average
Sourced by Back At You

Market Activity 28205

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 23, 2026 at 7:30:47 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyMecklenburg
CityCharlotte
Zip Code28205
AreaMecklenburg
Community NamePlaza Hills
School DistrictUnspecified
Elementary SchoolVilla Heights
High SchoolUnspecified
Listing VS Median (in Plaza Hills)
Price:
$525,000
low | high
Med:
$525,000
50% of Average
sqft:
1,181
low | high
Med:
1,181
50% of Average
$ / sqft:
$445
low | high
Med:
$445
50% of Average
On site:
145
low | high
Med:
145
100% of Average
Sourced by Back At You
Listing Updated: August 17, 2026 at 8:05:18 AM PDT